Keysight Technologies Inc.
KEYS.US | Manufacture of measuring, testing, navigating and control equipment
Keysight Technologies, Inc. is a leading technology company that provides electronic design and test solutions to a wide range of industries, including communications, aerospace, defense, automotive, energy, and general electronics. The company's offerings include electronic test and measurement ins...Show More
Better Health for All
0
Keysight's electronic design and test solutions significantly contribute to health outcomes by enabling the development, validation, and security of connected medical devices, wearables, and EMR systems.
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These solutions accelerate healthcare innovations
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, improve patient care
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, aid in disease detection and diagnosis
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, and ensure the safety and effectiveness of medical devices.
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The company also provides substantial internal mental health support for employees and their families, including free, 24-hour confidential counseling and mental health programs.
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Keysight's products do not have direct safety implications for end-users, nor do they constitute health-related products requiring accessibility considerations for consumers. The company does not directly collect or manage patient health data, nor does it engage in external health equity programs, healthcare workforce development, preventative health measures, or public health education initiatives. Keysight is not a pharmaceutical or food producer, and its products do not have addiction potential or involve clinical trials. While the company has general crisis management protocols
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, there is no specific evidence of actions taken during public health emergencies. No quantitative data is available on the share of R&D specifically aimed at improving health outcomes.
Fair Money & Economic Opportunity
0
Keysight Technologies Inc. is a technology company, not a financial institution. The 'Fair Money & Economic Opportunity' value primarily assesses financial institutions on their lending, insurance, and money management practices. As such, most KPIs, including those related to customer financial services, APRs, fee structures, loan books, financial literacy, debt burden, geographic inclusion, and product simplicity, are not applicable to Keysight's core business model and therefore score 0 as per the rubric's definitions. While Keysight has a Supplier Diversity program supporting small diverse businesses
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and engages in STEM education to promote economic opportunities
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, these initiatives do not provide specific, quantifiable data points that align with the financial services-centric metrics of the 'inclusion_initiatives' or 'profit_reinvestment' KPIs, leading to the omission of the latter.
Fair Pay & Worker Respect
30
In 2023, Keysight maintained a worldwide pay ratio near 1:1 for women to men
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. The company was included in the 2023 Bloomberg Gender-Equality Index
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and surpassed its Diversity, Equity, and Inclusion goals in fiscal year 2023, with significant hiring of women and underrepresented minorities
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. Additionally, 84% of employees consider it a great place to work
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, and the company has been certified as a great workplace for six consecutive years
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.
Fair Trade & Ethical Sourcing
0
Keysight Technologies Inc. requires its suppliers to adhere to a comprehensive Supplier Code of Conduct and aligns with the Responsible Business Alliance Code of Conduct.
1
The company conducts audits to ensure supplier compliance with a zero-tolerance policy for forced and child labor.
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As of May 2023, Keysight's Conflict Minerals Report indicates that 225 smelters in their supply chain are certified conflict-free by the Responsible Minerals Initiative.
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Honest & Fair Business
0
The provided articles discuss Keysight's commitment to environmental sustainability, social impact, and governance, including exceeding community strengthening and STEM education goals
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. They also detail a zero-tolerance policy for forced labor in the supply chain
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, utilizing third-party consultants for CSR assessments
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, and implementing corrective action plans for supplier findings related to employment and recruitment fees
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. In its 2023 CSR Report, Keysight highlighted significant progress in environmental sustainability, social impact, and governance
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. The company committed over $319 million to community strengthening through philanthropy, volunteerism, and engagement, surpassing its $250 million goal for the fiscal year
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. Additionally, Keysight engaged more than 1.8 million students in STEM education, exceeding its target of 1.5 million students
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.
Kind to Animals
0
Keysight Technologies, an electronic design and test solutions company, states it has no animal exploitation.
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Its business model does not involve products requiring cruelty-free certification, animal testing, or animal-derived inputs, making several KPIs not applicable. The company does not source eggs, meat, or dairy, nor does it engage in R&D relevant to animal-free substitution. Public policy engagement is not related to animal welfare. While Keysight maintains beehives
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and uses goats and sheep for grazing on its campuses
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, the articles do not provide specific data on humane certifications for these operations, measurable biodiversity impact from conservation initiatives, or detailed ethical practices for the grazing animals. Supplier audits mentioned are not explicitly for animal welfare compliance.
No War, No Weapons
-10
Keysight resolved alleged violations of the Arms Export Control Act and International Traffic in Arms Regulations (ITAR) through a Consent Agreement with the Directorate of Defense Trade Controls (DTCC).
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A penalty of $6.6 million was assessed, with $4.1 million paid by April 2024.
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In May 2024, the DTCC certified that Keysight had fulfilled the terms of the Consent Agreement and that its compliance program is adequate to identify, prevent, detect, correct, and report violations.
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Additionally, Keysight permanently discontinued its operations in Russia, a sanctioned country, and is in the process of exiting the region.
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Planet-Friendly Business
-50
Keysight Technologies Inc. aims to achieve net zero emissions by fiscal year 2040.
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Its science-based targets were approved by the SBTi in October 2023.
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In 2023, the company implemented a 5.8-megawatt solar array
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and initiated energy conservation projects that save over 10,000 MWh annually.
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Respect for Cultures & Communities
0
No specific, quantitative evidence was found in the provided article that directly maps to the defined KPIs for 'Respect for Cultures & Communities'. The article mentions community support initiatives in India, including STEM education, livelihood programs, scholarships, and an eco-friendly park
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, but does not provide the necessary metrics such as partnership numbers, revenue percentages, incident counts, or protocol details required by the rubric.
Safe & Smart Tech
10
Keysight Technologies demonstrates a commitment to responsible technology by joining the U.S. Commerce Department's AI Safety Institute Consortium in March 2024 to develop guidelines for AI safety
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. The company also supports the U.S. Cyber Trust Mark, a standard for IoT cybersecurity
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, and provides a platform to help manufacturers comply with these standards
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, indicating a focus on secure IoT products. These actions reflect a proactive stance on integrating security and privacy principles into product development and engaging with ethical technology standards.
Zero Waste & Sustainable Products
-30
Keysight Technologies designs products for an extended lifespan, enabling up to 40 years of service through calibration, repair, and remarketing
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. The company develops sustainable product lifecycle designs that support circular economy principles
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. Keysight has implemented waste management strategies, including diverting batteries from landfills and expanding composting programs
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. Its Penang operations significantly reduced cafeteria waste from 11,525 kg to 3,374 kg
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. Additionally, the company removed single-use plastic straws globally and phased out single-use plastics in cafeterias, removing approximately 8,000 straws in a month at its Penang site
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.